2021/04/19 RESOLUTION AUTHORIZING THE PURCHASE BY HARNETT COUNTY OF A JETPPORT HANGAR ��5 Harnett
C COUNTY
NORTH CAROLINA
www.harnett.org
A RESOLUTION AUTHORIZING THE PURCHASE BY
HARNETT COUNTY OF A JETPORT HANGAR
THAT WHEREAS, Warren Investment Company of North Carolina, Inc., a North
Carolina Corporation("Warren Investment")was formerly known as Warren Investment Company
of Alabama, Inc. until it changed its corporate name effective April 18, 2013; and,
WHEREAS, Harnett County ("the County") is the owner of the Harnett Regional Jetport
at 615 Airport Road,Erwin,North Carolina 28339 which is located off U.S.Highway 421 between
the Town of Erwin and the Village of Buies Creek; that as part of its Jetport operations,the County
issues ground leases to third parties for certain areas of the Jetport for the installation and operation
of aircraft hangars; and
WHEREAS, Warren Investment is the lessee in a Hangar Ground Lease with the County
on an approximate 80 ft. x 80 ft. ground lease tract upon which stands an aircraft hangar structure
which is contained within that area composed of 0.36 acre identified as "For lease purposes only"
as shown on that plat recorded in Plat Cabinet D, Page 161-D, Harnett County Registry; and
WHEREAS, Warren Investment has made the decision that it desires to sell its aircraft
hangar at the Harnett Regional Jetport; that the Harnett County Board of Commissioners has
determined that it would be conducive to its Jetport operations and in the best interests of the
County to procure the aircraft hangar from Warren Investment together with the voluntary
termination of any leasehold rights that Warren Investment may have pursuant to the previous
ground lease agreement; that the parties have negotiated a purchase agreement based upon Warren
Investment's unencumbered transfer of ownership of the aircraft hangar to the County and the
strong roots • new growth
termination of the ground lease for the purchase price of one hundred sixty thousand dollars
($160,000.00).
NOW, THEREFORE, BE IT RESOLVED by the Harnett County Board of
Commissioners that the Harnett County Manager and her staff are hereby authorized to enter into
and close a purchase agreement with Warren Investment for the purchase of its aircraft hangar
hereinabove described together with the release and termination of any leasehold rights that Warren
Investment may have pursuant to that Hangar Ground Lease dated September 1, 1997, and any
amendments, renewals, or extensions thereto for a purchase price of one hundred sixty thousand
dollars ($160,000.00) which said sum shall be appropriated from the County's general fund
balance.
This Resolution was adopted by a 5 to vote of the Harnett County
Commissioners at its regular meeting on April 19, 2021.
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W. g rooks Matthews, Chairman
Harnett County Board of Commissioners
ATTEST:
oYucat
Lindsey yB. L as, Interim Clerk
www.harnett.org